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McCain Aide Schmidt Blasts New York Times on Conference Call and Gets Smacked Down

Posted on September 22nd, 2008 by Pamela Leavey

McCain aide Rick Davis wasn’t too happy today about being called out by the NY Times, on his ties to Fannie & Freddie and particularly the role he “played in helping Fannie Mae and Freddie Mac beat back regulatory challenges when he served as president of their advocacy group, the Homeownership Alliance, formed in the [...]

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Filed under: Bush Admin, Campaign Spokesman, Conservatives, Corporatism, Credit Crisis, Economy, Election '08, Fannie Mae, Foreclosures, Freddie Mac, Housing, In The Blogosphere, In The News, John McCain '08, Lobbyists, N.Y. Times, Pamela Leavey, Political News, Presidential Election, Republicans, Wall Street

Bye Fannie, See Ya Freddie: Should the Rest of Us Get Ready to Kiss Our Butts Goodbye?

Posted on September 7th, 2008 by Darrell Prows

On my personal ranking of the news events of the past 100 years, the top three stories are (1) Hiroshima/Nagasaki; (2) The tearing down of the Berlin Wall; and (3) The current forcing of Fannie Mae and Freddie Mac into federal conservatorship.
The conventional wisdom, of course, is that Fannie and Freddie are “too big to [...]

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Filed under: Bush Admin, China, Consumers, Credit Crisis, Darrell Prows, Economic News, Economy, Fannie Mae, Foreclosures, Freddie Mac, George W. Bush, History, Housing, In The News, Japan, Opinions, Political News, Politics, Republicans, Saudi, Wall Street